Beware Of Bank Alert Scam- I was Almost Scammed

December 2012, a woman put in my custody a 2007 Camry (muscle) fro sale;  I advertised it online and had series of buyers. One of the buyers showed interested and I was happy I was going to make profit from the sales. We agreed on an inspection date,the buyer showed up and we agreed on a price. The price had me thinking over the Xmas period because I had already priced a cow for the Xmas celebration as a result of how much profit I was going to get.

I day later (Sunday), the buyer called me and asked for the owner's account details which I gladly gave him while thinking that it was a transparent deal; he called again asking for the owner's phone number saying he would like to speak to her since he was going to pay into her account. He agreed to pay the agreed sum before 8am Monday.

8am, the buyer had not made the payment, neither did he call. The seller called me telling me the situation of things, I called the buyer and he told me he just woke up and will be going to the bank soonest. 3pm, the buy had not made any payment; meanwhile I had told the seller that "EVEN IF SHE SEES ALERT OF I BILLION IN HER ACCOUNT" she should contact her account officer. At around 3:30pm, the buyer along with 2 guys visited the seller and said he was on his way to the bank to transfer the cash. The buyer left for the bank and exactly 4:30pm, the seller got an alert that her account has been credited with agreed amount, she was soooooo happy and was almost about to release the car when she remembered what I told her. She immediately called her account officer and before she could finish, the two guys disappeared into thin air.

Till this day, the buyer's number has been switched off.

The story leads me to this story of a guy that was arrested for =N=5M bank alert scam:

Read his story below and learn from it and mine

Wale Olaide (a.k.a Wale Dollar)

The EFCC on Wednesday, July 31, 2013 arrested a notorious fraudster who specialises in defrauding unsuspecting members of the public through fraudulent bank credit alerts. Wale Olaide (a.k.a Wale Dollar) met his waterloo when he duped one Abdulhamid Abubakar, a bureau de change operator of N5, 000,000.00(Five Million Naira only).  Olaide had contacted Abubakar’s younger brother, Hashim, also a bureau de change operator based in Lome, Togo Republic that he wanted to purchase Five Million Naira (N5, 000,000) equivalent in CFA Francs. Olaide requested for his Nigerian bank account to enable him pay in the naira equivalent. Hashim asked Abubakar to send his First Bank account details to Olaide. 

 

Abubakar acted immediately, sent his account details and after a while, he received an alert supposedly from his bank that N5, 000.000.00 (Five Million Naira) had been credited to his account domiciled at the Seme Border branch.  Upon receiving the alert, Abubakar informed his brother who in turn released the CFA Franc equivalent of N5m to Olaide.

 

The next day Abubakar visited the bank to withdraw the money, but to his dismay, his account balance didn’t reflect the said transaction. He complained to the branch manager and his statement of account was rolled out but the transaction was not reflected.  When Abubakar noticed that the bank couldn’t help, he approached the EFCC.

 

Series of investigative initiatives by the EFCC yielded the arrest of Olaide who is believed to be a member of a deadly syndicate involved in duping unsuspecting members of the public through fraudulent banking notification alerts.